Singapore Leads Global Blockchain Innovation, Study Finds

According to BlockBeats, a recent study by ApeX Protocol, reported by Cointelegraph, reveals that Singapore ranks first globally in blockchain technology, achieving a comprehensive score of 85.4. The country boasts 1,600 blockchain patents, 2,433 related job positions, and 81 cryptocurrency trading platforms, highlighting its strong performance in the sector. Hong Kong follows closely with a score of 82.7, leveraging its robust financial infrastructure to integrate blockchain technology effectively. Estonia ranks third with a score of 81.5, despite its small population of 1.4 million, with 95 blockchain patents and 52 trading platforms. The United States also shows significant strength in the blockchain field, possessing 32,000 patents, over 17,000 related jobs, and 166 trading platforms, despite facing regulatory challenges. U.S. Congressman French Hill has expressed intentions to advance a crypto market structure bill, aligning with the mission to establish the U.S. as a "global blockchain hub" following President Trump's election.